“Its a long time from now until any election and I certainly look at everything that everybody does, and nobody should make a mistake about it, America’s support for Israel is something that I think is in the ineterst of all Americans, not just Jewish Americans, but all Americans and its a very important issue for me,” Bloomberg said on Wednesday.

“I’m a very big defender of Israel, partially for cultural reasons, I suppose, but really because I think that Israel is the only real democracy in that part of the world,” Bloomberg said, noting that they are surrounded by people who have threatened to annihilate them.

Bloomberg added that it seems easy for those of us thousands of miles away to tell them how they can defend themselves.

Palestinian President Mahmoud Abbas on Wednesday slammed a peace vision presented by Israel’s prime minister and suggested the Palestinians now have their sights firmly set on seeking U.N. recognition of a Palestinian state in September.

Israeli leader Benjamin Netanyahu’s speech to the U.S. Congress on Tuesday was filled with “falsehoods and distortions,” Abbas told leaders of the Palestine Liberation Organization and his Fatah movement. “He did not say anything we can build on positively.”

Abbas’ comments marked the first time he responded publicly to a total of four speeches by Netanyahu and President Barack Obama over the past week.

Abbas praised Obama’s parameters for a Mideast peace deal, saying they lay a positive foundation for negotiations. Obama said border talks should be based on the pre-1967 Mideast war lines, with mutually agreed land swaps, meeting a long-standing Palestinian demand.

The Palestinians want to establish a state in the West Bank, Gaza and east Jerusalem, territories Israel captured in the 1967 Mideast war. They have said they are willing to consider minor border adjustments through land swaps that would enable Israel to annex some of the largest of dozens of Jewish settlements it has built on occupied territory.

The Palestinians have limited their reaction to Obama’s speeches to the border issue, while ignoring U.S. proposals less to their liking, such as calls to recognize Israel as the homeland of the Jewish people.

In his speech to Congress, Netanyahu promised territorial concessions, but said Israel would keep east Jerusalem and key parts of the West Bank. He also said Palestinian refugees would have to resettle in a future Palestinian state, not in Israel.

An Abbas aide, Nabil Shaath, called Netanyahu’s outlines a “declaration of war” against the Palestinians and said the Israeli leader is not a partner for peace.

Abbas said Wednesday he would consult with Arab League representatives in coming days to discuss the next steps. The Palestinians have developed alternate strategies to negotiations with Israel, largely on hold since 2008, and a bid for U.N. recognition of a Palestinian state in the 1967 borders is a centerpiece.

Both Israel and the U.S. oppose this strategy, calling instead for the negotiated solution that has been the cornerstone of two decades of peace efforts.

Abbas said negotiations remain his first choice but that if that option is closed, “we are going to go to the option of (U.N. recognition in) September.”

Yasser Abed Rabbo, the secretary general of the PLO, said that as an interim step, the Palestinians may ask the U.N. Security Council and the Quartet of Mideast mediators – the U.S., the U.N., Europe and Russia – to endorse Obama’s outlines of the border deal as the basis for negotiations.

The U.N. and the Quartet would be asked to affirm that negotiations should be wrapped up by September, Abed Rabbo said. Talks could only resume if Israel also accepts Obama’s parameters, Abed Rabbo added.

Abbas, meanwhile, defended the bid for U.N. recognition against criticism from Obama, who said the Palestinians should not engage in what he said were futile attempts aimed at isolating Israel diplomatically.

“Our goal is not to isolate Israel nor to challenge its legitimacy,” Abbas said. “This is not a unilateral act. The unilateral act is (Israeli) settlement expansion.”

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